Search Results for: financial services
Beware of unauthorised companies offering investment and financial services
June 19th, 2019
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores – CNMV), Austria (Financial Market Autority – FMA), Malta (Malta Financial Services ...
U.S financial services firm pay penalty to settle failure
March 14th, 2019
The Securities and Exchange Commission (SEC) announced that Wedbush Securities Inc. will pay a $250,000 penalty and has agreed to be censured to settle its failure to supervise charge in a pending administrative proceeding. According to the SEC’s March ...
Alert! Beware of companies offering financial services without the required license
December 14th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Switzerland (Swiss Financial Market Supervisory Authority – FINMA), China (Financial Supervisory Commission Chinese Taipei – FSC), Holland (Netherlands Authority for the Financial Markets – AFM), Sweden (Finansinspektionen), ...
Individuals fined and banned from performing any role in regulated financial services
November 7th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued a press release to inform that The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to fine ...
Beware of unauthorised companies offering financial services
October 26th, 2018
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Ireland (Central Bank of Ireland), Austria (Financial Market Authority – FMA) and Italy (Consob) report the companies and websites offering investment, financial and insurance services without the ...
Investors Alert: Beware of unauthorised financial services firms
September 4th, 2018
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued warnings to inform investors and public for “clone firms” and firms providing financial services without the required authorisation in ...
UK Banks advocate Brexit deal on financial services
August 23rd, 2018
Several UK financial services enterprises have urged the government to strike a deal with the EU allowing British banks, insurers, and wealth managers to do business on the continent free of any possible restrictions. Kristian Rouz — The British ...
US financial services company will pay millions to settle charges; The reason?
August 17th, 2018
The Securities and Exchange Commission (SEC) has issued an announcement to inform that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges. The Reason According to SEC’s announcement, Ameriprise Financial Services Inc. failed to safeguard retail investor ...
Record high of £14.6bn paid in corporation tax by UK financial services sector
August 14th, 2018
A record high of £14.6bn of corporation tax (includes Bank Levy), was paid by the financial services sector in the UK last year, up 24% from the £11.8bn paid in the previous year (2015-16), says Moore Stephens, the Top ...
Beware of unauthorised investment and financial services providers
July 31st, 2018
Financial Regulators around the world issued warnings to inform investors and public for companies and websites that are offering investment, financial and insurance services without the required authorisation. The latest warnings are coming from the the supervisory authorities of ...
